Fisher-Price has announced a recall of nearly one million Chinese-made toys over concerns of lead-based paint. The worldwide recall affects 967,000 Nickelodeon and Sesame Street toys, including such popular items the Big Bird, Elmo, Dora and Diego characters. In an interview with the Associated Press on Wednesday, David Allmark, general manager of Fisher-Price, said the [...]

Six weeks ago, Johnson & Johnson was ordered to pay $5.5 million in damages in a Florida lawsuit over a defective pain-killing patch that resulted in the death of a Florida man. While initially the company looked like it would appeal the judgment, they instead tried to settle it quietly for $2.5 million. An excerpt [...]

The U.S. Consumer Product Safety Commission (CPSC) announced yesterday that Hoover Company Inc., of North Canton, Ohio, has agreed to pay a $750,000 civil penalty. The penalty, which the Commission has provisionally accepted settles allegations that the company failed to report to CPSC the sale of vacuum cleaners with defective on-off switches that can overheat [...]